The papers are led by the UK’s highest inflation figures in 40 years as voters went to the polls in local elections.
05 May 2022
Inflation, the cost of living and interest rates dominate Friday’s front pages.
The Guardian, the Daily Express and Metro lead on inflation heading to 10%.
Guardian front page, Friday 6 May 2022: Bank raises interest rates and warns inflation will hit 10% pic.twitter.com/o1YCstO8wR
— The Guardian (@guardian) May 5, 2022
Tomorrow’s front page: hold on to your hats! Recession looms#TomorrowsPapersToday https://t.co/9xzAW8fqjV pic.twitter.com/RGn28bfGRa
— Daily Express (@Daily_Express) May 5, 2022
Tomorrow’s Paper Today 📰
INFLATION TO TOP 10%
🔴 Bank of England’s grim outlook as it lifts interest rates to 13-year high🔴 Energy bills to soar another 40%, joblessness to rise to 5.5% and economy to flatline#tomorrowspaperstoday pic.twitter.com/DlSEBys8Jx
— Metro (@MetroUK) May 5, 2022
The Daily Mail adds that the situation will see the “biggest pay drop since 1990”, and the i says there will be “no help” before the next Budget.
Friday’s Daily MAIL: “Families Set For Record Squeeze” #TomorrowsPapersToday pic.twitter.com/yH4cytdbL5
— Allie Hodgkins-Brown (@AllieHBNews) May 5, 2022
The Daily Mirror asks: “Why won’t they help?”
Tomorrow’s front page: Why won’t they help? #TomorrowsPapersTodayhttps://t.co/hkLXGHTsCb pic.twitter.com/qBN4vl3Zw8
— The Mirror (@DailyMirror) May 5, 2022
The Financial Times reports on the Bank of England’s decision to raise interest rates.
Just published: front page of the Financial Times UK edition Friday May 6 https://t.co/beZNhlqn0F pic.twitter.com/AO3pYj6wHf
— Financial Times (@FinancialTimes) May 5, 2022
The Bank’s warning about a potential recession is front page of The Daily Telegraph and The Independent.
🗞 The front page of tomorrow’s Daily Telegraph:
‘Bank warns of recession and highest inflation in 40 years’#TomorrowsPapersToday
Sign up for the Front Page newsletterhttps://t.co/x8AV4Oomry pic.twitter.com/oRJC4uzZAg
— The Telegraph (@Telegraph) May 5, 2022
Friday’s INDEPENDENT Digital: “Soaring inflation set to push UK into recession” #TomorrowsPapersToday pic.twitter.com/7ffPfPlLeQ
— Allie Hodgkins-Brown (@AllieHBNews) May 5, 2022
The Times reports on pressure on Chancellor Rishi Sunak to “slash” taxes to avoid a shrinking economy.
Friday’s TIMES: “Slash taxes to stave off recession, Sunak urged” #TomorrowsPapersToday pic.twitter.com/Sg8eRzjn63
— Allie Hodgkins-Brown (@AllieHBNews) May 5, 2022
Elsewhere, the Three Lions anthem has been saved, according to The Sun.
On tomorrow’s front page: England’s Three Lions anthem saved for the nation after flaky FA bosses’ U-turnhttps://t.co/jY7EU6Hz73 pic.twitter.com/xtkJuhmQye
— The Sun (@TheSun) May 5, 2022
And the Daily Star leads on this week’s anticipated heat wave.
Friday’s Daily STAR: “Budgie Smugglers ..And A Big Helmet” #TomorrowsPapersToday pic.twitter.com/izIoEDppB0
— Allie Hodgkins-Brown (@AllieHBNews) May 5, 2022
